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Armenia's PM, MCC director discuss programimplementation in Armenia

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  • Armenia's PM, MCC director discuss programimplementation in Armenia

    ARKA News Agency, Armenia
    Oct 19 2007


    Armenia's premier, millennium challenges director discuss program
    implementation in Armenia


    YEREVAN, October 19. /ARKA/. RA Prime Minister Serge Sargsian and
    Executive Director of the Millennium Challenges Corporation John
    Danilovich discussed on October 18 the programs implemented by the
    corporation in Armenia.

    The RA Premier highly appreciated the Armenian-US economic
    cooperation the aim of which is to support economic development and
    reduce poverty in Armenian regions, the press service of the RA
    Government reports.

    Danilovich pointed out that during its regular meeting in November
    the corporation's board will sum up the results of the programs
    implemented in member-countries. Millennium Challenges is content
    with the program implementation in Armenia, Danilovich said.

    Prime Minister Sargsian stated that Armenia has become an
    average-income country, which is an impetus to the economic
    regeneration of the country.

    According to Danilovich, the corporation focuses on the problems of
    its member-countries. He attached importance to the second program of
    Millennium Challenges which is being carried out together with the
    acting program.

    He pointed out that the US Congress supports amendments to the
    programs, which will give more advantages to the member-countries.
    The RA Premier assured the RA Government is ready to support the
    amendments.

    On March 26, 2006 RA Minister of Economy and Finances Vardan
    Khachatrian and Executive Director of Millennium Challenges John
    Danilovich signed a cooperation agreement, according to which, the
    corporation will allocate $235.65mln for irrigation and
    reconstruction of village roads.

    The Millennium Challenges Corporation (USA) was established in 2004
    within the scope of the US Sate Department program of economic
    development and poverty reduction in the world. -0--

    From: Emil Lazarian | Ararat NewsPress
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